HOOW vs. YMAG

Last updated Jun 13, 2026

HOOW (Roundhill HOOD WeeklyPay ETF) and YMAG (YieldMax Magnificent 7 Fund of Option Income ETFs) are both exchange-traded funds - HOOW is a Leveraged Equities fund actively managed by Roundhill, while YMAG is a Derivative Income fund actively managed by YieldMax. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined. HOOW charges 0.99%/yr vs 1.28%/yr for YMAG.

Performance

HOOW vs. YMAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill HOOD WeeklyPay ETF (HOOW) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOOW achieves a -24.22% return, which is significantly lower than YMAG's -1.13% return.

HOOW

• 1D: 0.96%
• 1M: 24.39%
• YTD: -24.22%
• 6M: -29.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

YMAG

• 1D: 0.09%
• 1M: -6.75%
• YTD: -1.13%
• 6M: -0.01%
• 1Y: 19.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HOOW vs. YMAG - Yearly Performance Comparison

	2026 (YTD)	2025
HOOW Roundhill HOOD WeeklyPay ETF	-24.22%	52.60%
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs	-1.13%	21.18%

Correlation

The correlation between HOOW and YMAG is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.54

HOOW vs. YMAG - Sectors Allocation Comparison

Sectors	HOOW	YMAG
Financial Services	3.3%	100.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

HOOW vs. YMAG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HOOW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

YMAG

YMAG Risk / Return Rank: 35
YMAG Sharpe Ratio Rank: 38
YMAG Sortino Ratio Rank: 36
YMAG Omega Ratio Rank: 36
YMAG Calmar Ratio Rank: 31
YMAG Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HOOW vs. YMAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill HOOD WeeklyPay ETF (HOOW) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	HOOW	YMAG	Difference
Sharpe ratio: Return per unit of total volatility	—	1.20	—
Sortino ratio: Return per unit of downside risk	—	1.67	—
Omega ratio: Gain probability vs. loss probability	—	1.21	—
Calmar ratio: Return relative to maximum drawdown	—	1.37	—
Martin ratio: Return relative to average drawdown	—	4.68	—

Drawdowns

HOOW vs. YMAG - Drawdown Comparison

The maximum HOOW drawdown since its inception was -65.74%, which is greater than YMAG's maximum drawdown of -25.96%. Use the drawdown chart below to compare losses from any high point for HOOW and YMAG.

Drawdown Indicators

	HOOW	YMAG	Difference
Max Drawdown Largest peak-to-trough decline	-65.74%	-25.96%	-39.78%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.38%	—
Current Drawdown Current decline from peak	-48.54%	-7.32%	-41.22%
Average Drawdown Average peak-to-trough decline	-29.67%	-4.54%	-25.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.21%	—

Volatility

Volatility by Period

	HOOW	YMAG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.27%	—
Volatility (1Y) Calculated over the trailing 1-year period	84.09%	16.41%	+67.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	84.09%	20.94%	+63.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	84.09%	20.94%	+63.15%

HOOW vs. YMAG - Expense Ratio Comparison

HOOW has a 0.99% expense ratio, which is lower than YMAG's 1.28% expense ratio.

Dividends

HOOW vs. YMAG - Dividend Comparison

HOOW's dividend yield for the trailing twelve months is around 147.58%, more than YMAG's 52.85% yield.

Position	TTM	2025	2024
HOOW Roundhill HOOD WeeklyPay ETF	147.58%	67.92%	0.00%
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs	52.85%	52.27%	35.22%

Frequently Asked Questions

Can I hold both HOOW and YMAG in my portfolio?

HOOW and YMAG have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HOOW or YMAG?

On fees, HOOW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HOOW or YMAG?

HOOW is cheaper with a 0.99% expense ratio, compared with 1.28% for YMAG.

Which ETF pays a higher dividend yield, HOOW or YMAG?

HOOW has the higher dividend yield at 147.58%, compared with 52.85% for YMAG.

What is the main difference between HOOW and YMAG?

HOOW is categorized as Leveraged Equities, while YMAG is Derivative Income. They also come from different issuers: Roundhill and YieldMax. Their fees differ too: 0.99% for HOOW and 1.28% for YMAG.